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Earnings Preview: Archive

Sheraz Mian

Positive Start to Q4 Earnings Season

We are off to a great start in Q4 earnings season, with the big banks coming out with a notably improved profitability picture relative to what they were able to show in preceding periods.

JPMPositive Net Change IBMPositive Net Change CPositive Net Change CSXPositive Net Change WFCPositive Net Change NFLXNegative Net Change PGNegative Net Change

Sheraz Mian

Big Bank Q4 Earnings Preview

The large money-center banks that will kick-off the Q4 2020 earnings season for the sector this week have suffered a significant hit to profitability as a result of the pandemic...

JPMPositive Net Change NKEPositive Net Change CPositive Net Change ORCLPositive Net Change DALPositive Net Change ADBEPositive Net Change FDXPositive Net Change WFCPositive Net Change

Sheraz Mian

Q4 Earnings Season Preview

The consensus expectation is for total S&P 500 earnings to decline -11% in Q4 from the same period last year on essentially flat revenues. This would follow the -7% decline in Q3 and -32.2% decline in Q2...

JPMPositive Net Change PAYXPositive Net Change CTASPositive Net Change ORCLPositive Net Change FDXPositive Net Change KMXPositive Net Change

Sheraz Mian

The Retail Sector's Strong Earnings Performance

The common view about the Retail sector is a space that has been particularly hit hard by the Covid-19 pandemic. But that's hardly the full story...

WMTPositive Net Change TGTPositive Net Change MPositive Net Change LOWPositive Net Change KSSPositive Net Change JWNPositive Net Change HDPositive Net Change DEPositive Net Change BBYPositive Net Change AMZNPositive Net Change ADSKPositive Net Change APositive Net Change

Sheraz Mian

Earnings Preview: What to Expect from the Retail Sector

The Retail space had been experiencing a secular transition over the last few years, with consumer dollars steadily shifting to the online medium and traditional malls suffering falling foot traffic...

WMTPositive Net Change WDAYPositive Net Change TSNPositive Net Change TGTPositive Net Change NVDAPositive Net Change MPositive Net Change KSSPositive Net Change HDPositive Net Change AMZNPositive Net Change

Sheraz Mian

Tech Leadership Reflects Earnings Power

These companies may not be monopolies, in the legacy legal sense, but they are nevertheless as sustainably profitable as if they were the Standard Oil of the past.

MSFTPositive Net Change GOOGLPositive Net Change FBPositive Net Change DISPositive Net Change CSCOPositive Net Change AMZNPositive Net Change AMATPositive Net Change AAPLPositive Net Change

Sheraz Mian

Are Technology Companies Losing Their Earnings Power?

The market appears to be reevaluating its position on the big technology stocks, with the trend becoming even clearer after Thursday's quarterly releases from Apple, Amazon, and others...

MSFTPositive Net Change GOOGLPositive Net Change FBPositive Net Change AMZNPositive Net Change AAPLPositive Net Change

Sheraz Mian

Previewing Big Tech Earnings

Technology stocks have lost some of their shine in recent weeks, as some previously ignored groups appear to be finally catching a bid. But tech remains the undisputed leader in the market...

MSFTPositive Net Change INTCPositive Net Change GOOGLPositive Net Change FBPositive Net Change AMZNPositive Net Change AAPLPositive Net Change

Sheraz Mian

Early Q3 Results Show Earnings Recovery in Place

With results from 49 index members already out, we will have seen Q3 results from 27% of the index's total membership by the end of the coming week.

TSLAPositive Net Change PGNegative Net Change NFLXNegative Net Change KOPositive Net Change INTCPositive Net Change

Sheraz Mian

Are Bank Stocks Cheap or Value Traps?

Driving this underperformance is the group's cyclical exposure, with the demand for credit and other banking services strongly correlated with GDP growth...

WFCPositive Net Change SLBPositive Net Change JPMPositive Net Change JNJPositive Net Change FASTPositive Net Change DALPositive Net Change CPositive Net Change BACPositive Net Change

Sheraz Mian

Previewing the Q3 Earnings Season

The expectation is for total S&P 500 earnings to decline -22.8% from the same period last year on -2.9% lower revenues...

PAYXPositive Net Change JPMPositive Net Change DPZPositive Net Change

Sheraz Mian

Handicapping the Q3 Earnings Season

The earnings outlook has been steadily improving since the start of Q3, as economic and business activities have resumed...

PEPPositive Net Change NKEPositive Net Change MUNegative Net Change JPMPositive Net Change FDXPositive Net Change COSTPositive Net Change CPositive Net Change AAPositive Net Change

Sheraz Mian

What Will the Q3 Earnings Season Show?

The earnings outlook has been steadily improving since the start of Q3, as economic and business activities have resumed... What's next?

ORCLPositive Net Change NKEPositive Net Change GISPositive Net Change FDXPositive Net Change COSTPositive Net Change

Sheraz Mian

Q3 Earnings Season Gets Underway

For Q3 as a whole, total S&P 500 earnings are expected to decline -23.7% from the same period last year -3.3% lower revenues...

ZMPositive Net Change ORCLPositive Net Change LENPositive Net Change INTCPositive Net Change FDXPositive Net Change ADBEPositive Net Change AAPLPositive Net Change

Sheraz Mian

Improving Economic Momentum Driving Earnings Gains

Q3 earnings for the S&P 500 index are currently expected to decline -23.9% from the same period last year. But the growth picture has been steadily improving since the start of July...

ULTAPositive Net Change DGPositive Net Change BBYPositive Net Change

Sheraz Mian

Can the Earnings Picture Continue to Improve?

While earnings took a big hit in Q2, as was expected all along, the impact turned out to be less significant than initially projected...

WMTPositive Net Change TGTPositive Net Change NVDAPositive Net Change HDPositive Net Change

Sheraz Mian

Making Sense of the Earnings Picture

The 445 S&P 500 members are down -34.8% on -10.9% lower revenues...

TPRPositive Net Change CSCOPositive Net Change AMATPositive Net Change

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These 3 Charts Clearly Tell the Q2 Earnings Season Story

For the Tech sector, we now have Q2 results from 82.9% of the sector's market capitalization in the S&P 500 index. Total earnings for these Tech companies are down -1.8% on +2.5% higher revenues...

XOMPositive Net Change MSFTPositive Net Change KOPositive Net Change GOOGLPositive Net Change FBPositive Net Change BAPositive Net Change AMZNPositive Net Change AAPLPositive Net Change

Sheraz Mian

The Technology Sector Shows its Earnings Power Amid Coronavirus

Total earnings for these Tech companies are down -5.2% on +1% higher revenues...

XOMPositive Net Change MSFTPositive Net Change INTCPositive Net Change GOOGLPositive Net Change FBPositive Net Change CVXPositive Net Change AMZNPositive Net Change AAPLPositive Net Change

Sheraz Mian

Previewing the Tech Sector's First Full Coronavirus Earnings Season

Tech stocks have been in the vanguard of the market's recovery from the March 23 lows and it may not be easy for these companies to satisfy the market's lofty expectations...

TXNPositive Net Change TWTRPositive Net Change MSFTPositive Net Change MSPositive Net Change JPMPositive Net Change INTCPositive Net Change GSPositive Net Change GOOGLPositive Net Change AMZNPositive Net Change

Sheraz Mian

What Will Q2 Bank Earnings Reveal?

The large money-center banks that will kick-off the 2020 Q2 earnings season for the sector this week have been hit hard in the ongoing pandemic-driven economic downturn.

WFCPositive Net Change ORCLPositive Net Change NKEPositive Net Change NFLXNegative Net Change JPMPositive Net Change JNJPositive Net Change IBMPositive Net Change FDXPositive Net Change CPositive Net Change ADBEPositive Net Change

Sheraz Mian

What Will Push Stocks Higher?

We have seen some good economic data in recent days, with the June factory sector ISM and payroll numbers showing impressive momentum. So what will push stocks higher next?

WBAPositive Net Change PAYXPositive Net Change ORCLPositive Net Change NKEPositive Net Change JPMPositive Net Change FDXPositive Net Change ADBEPositive Net Change

Sheraz Mian

Handicapping the Q2 Earnings Season Amid the Coronavirus

Nike's huge miss reflected analysts' difficulty in coming up with reasonable estimates in a backdrop of pandemic-driven lockdowns in many parts of the world...

STZPositive Net Change ORCLPositive Net Change NKEPositive Net Change MUNegative Net Change JPMPositive Net Change GISPositive Net Change FDXPositive Net Change CAGPositive Net Change ADBEPositive Net Change

Sheraz Mian

Q2 Earnings Season to Provide Coronavirus Earnings Clarity

The negative revisions trend has eased in recent weeks, which can be interpreted as reflecting the effects of the economy's reopening...

ORCLPositive Net Change NKEPositive Net Change JPMPositive Net Change DRIPositive Net Change COSTPositive Net Change ADBEPositive Net Change ACNPositive Net Change

Sheraz Mian

5 Charts that Tell the Coronavirus Corporate Earnings Story

We will let the following 5 charts tell how the aggregate corporate earnings story has unfolded in the wake of the Covid-19 pandemic...

ORCLPositive Net Change LENPositive Net Change KMXPositive Net Change JPMPositive Net Change COSTPositive Net Change AZONegative Net Change ADBEPositive Net Change